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They must either fully fix their currency, to the dollar, say, through a currency board or dollarisation, or they must allow it to float freely.
ECONOMIST: Intervention: divine or comic?
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Various attempts to fix one European currency against each other, such as the Exchange Rate Mechanism, crumbled in the face of divergent economic performances in the countries concerned.
ECONOMIST: Currencies
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Hedging allows companies to fix the price of a currency months in advance.
BBC: Launching new models ate into BMW's finances
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They have yet to fix the instability of a currency union built on an incompatible triad: no bail-out, no default and no exit.
ECONOMIST: Charlemagne
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Indeed, all this proposal really does is fix the price of a particular commodity quoted in a particular currency.
FORBES: Connect
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An application developed by Glenn Sinclair, a Splunk user in the UK, translates FIX messages so business users can draw information such as the volume of currency trades by pairs.
FORBES: Security Data Is Big Data And A Business Advantage